Ottawa – The City of Ottawa today tabled a spending plan for 2012 that will keep Ottawa on a course that is sustainable for the long-term. Following on the solid fiscal framework Council put in place last year, Budget 2012 proposes a tax increase of just 2.39 percent - below the annual maximum target of 2.5 percent.
The draft budget includes a continued freeze on fees for City recreation programs, Council budgets and salaries and a transit-fare increase limited to 2.5 percent. Additionally, for the first time since 2004, the City is reducing its workforce.